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Consolidated Data Fosters a Collaborative Budgeting and Planning Process

Insight Software

An effective budgeting and planning (B&P) process has always been a team sport for finance departments and their stakeholders. This shift towards strategic planning adds a new layer of complexity to the collaborative nature of budgeting. This collective knowledge leads to more realistic and well-rounded plans.

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6 Reasons to Boost Data Security Plan in the Age of Big Data

Smart Data Collective

Businesses need to bolster their data security as a result. Our Growing Dependence on Big Data Makes Data Security More Important than Ever Big data is revolutionizing the way we live our lives. More organizations are vulnerable to data breaches, which requires them to improve their data security efforts.

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2024 Predications for SAP Finance Teams

Insight Software

Next year, finance teams utilizing SAP will face unparalleled pressure due to a confluence of economic challenges. These adversities heighten the necessity for finance professionals to adeptly translate raw data into strategic guidance. The same report found that recently a new set of obstacles has emerged for finance teams.

Finance 52
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Top 5 Trends Impacting Finance Teams in 2024

Insight Software

2024 is set to be a fascinating year in the finance space with advancements that help organizations continue to do more with stretched resources and continued staffing shortages. And it can’t come a moment too soon–nearly three-quarters of finance decision-makers (70%) feel pressure from market factors like inflation and economic disruption.

Finance 52
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Why Now is the Time to Move From Manual to Modern Planning

Insight Software

Over the past few years finance has played an increasingly strategic role within the wider organization, becoming the go-to team for actionable insights. Now longer a siloed unit, your finance team has been saddled with the unenviable task of navigating the organization through rough waters.

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Building a Functional Ecosystem: Nine Ways to Boost Your Finance-Tax Synergy

Insight Software

To build a flourishing ecosystem that seamlessly connects your tax department to finance and wider company, you need to make sure all aspects of your process are functioning to the best of their ability. These integrated tools can facilitate collaboration between finance and tax teams. Forecasting and Planning.

Finance 52
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How EPM Solutions Increase Efficiency in Data Management and Reporting

Insight Software

In today’s data-driven business environment, the finance team plays a critical role in transforming raw data into actionable insights that inform strategic decision-making. This reliance on manual data movement also reduces overall efficiency and increases operational costs for your finance team.